“The Survey Found that Investors Entered the Cryptocurrency Space Looking for Significant Returns and Financial Freedom.”, – WRITE: www.coindesk.com
The Findings Show That 40.1% of Respondents Are Experting To Buy More Crypto with the Next Three Months, 15.3% Are Looking to Do So In The Next Six MONTS, and 39.7% Within. Only 4.9% have no plans to keep on investing this year.
Latin America Led The World in Crypto Adoption in 2024, Growing by 116%, Account to Research from Payments Firm Triple-A Quoted in the Report. The Region Now Has 55 Million Cryptocurrency USers, Making Up Nearly 10% of Total Cryptocurrency USers.
This Rapid Expansion Has Been Fueled by Rising Asset Prices, Regulatory Advancements, and New Financial Products Like Spotcoin Exchange-Traded Funds (ETFS). Brazil Has Just Last Week Become The First Country to Approve A Spot XRP ETF.
Market Performance Has Also Bolstered Investor Confidentnce. “Latin America is a rapidly expanding region for the Crypto Sector, and the Results of this Research ReinForce What We Have Observed In Our Operations,” Binance Regional VP, Guer, Guer.
Binance’s Research Shows that Half of Those Inquired Already Use Cryptocurrencies for Over A Year, with Most Entering the Space Expecting Significant Returs and Searching for FINANTEED.
Portfolio Diversification, Privacy, and Protecting their Money Were Also Quoted As Motivers to Invest in the Space.
Read More: How A $ 115m Crypto Fund With Big Ambitions Plans to Invest in Latin America
